The global Enterprise Performance Management (EPM) market size was USD 5.75 Billion in 2021 and is expected to register a revenue CAGR of 8.3% during the forecast period, according to the latest analysis by Emergen Research. Rising need for making business strategies transparent for all employees is a key factor driving market revenue growth. Industry verticals, such as manufacturing, financial services, consumer packaged goods, retail, and others, are predicted to benefit greatly from integration of cloud-based infrastructure and business analytics. In addition, increased autonomy, shorter Time To Value (TTV), and lower Total Cost of Ownership (TCO) are other factors rising demand and driving market revenue growth. Popularity of cloud-based EPM software is rising dramatically due to advantages, such as real-time access of operational and financial data, that are unavailable with current legacy and on-premise systems. Without a guarantee of greater quality, infrastructure costs, such as server and operating system upgrades, which is rising prices of running on-premise corporate performance management systems. Moreover, updates for customers cloud-based EPM applications are sent out automatically, which is expected to drive revenue growth of the market.
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
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Competitive Terrain:
The global Enterprise Performance Management industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Board International S.A, IBM, CCH Tagetik, Adaptive Insights Inc., Infor Inc., Workiva, Host Analytics Inc., SAP SE, Oracle, and Anaplan
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Enterprise Performance Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Enterprise Performance Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Enterprise Performance Management market.
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Market Segmentations of the Enterprise Performance Management Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Enterprise Performance Management market on the basis of product, application, and region:
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019–2030)
- Services
- Solutions
Deployment Mode Outlook (Revenue, USD Billion; 2019–2030)
- On-Premise
- Cloud
End-Use Outlook (Revenue, USD Billion; 2019–2030)
- BFSI
- Healthcare
- Retail
- Others
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Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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